this post was submitted on 21 Jan 2025
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The economy has been crashing more and more as time goes on but Trump's plans sounds like they'll push things into new a level.

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[–] CarmineCatboy2@hexbear.net 19 points 1 day ago* (last edited 1 day ago)

I think the most pressing danger is not so much Trump's policies being taken to the extreme end of triggering economic collapse. Rather that issues such as inflation become structural and due to a combination of short termism (people are trying to survive, not make excel sheets) and turbulent political speech every administration is blamed for things which they are all collectivelly doing, enabling or ignoring. Trump's inflation is followed by Biden's inflation followed by Trump's inflation and then, I dunno, Newsom's inflation. The musical chairs ensuring that no planning is done and there's no way out of the mess except a default positive opinion on austerity politics.